Browsing: VERA

Q. I retired under a Voluntary Early Retirement Authority in January 2009. I was also approved for Social Security disability in 2008. I’ve had 22 years under FERS, and I’m now 58. Should I have been receiving the special retirement supplement since I never applied for FERS disability?

Q. I have eight years and six months working for the federal government, but I am 64 years old. No CSRS time, only FERS. Am I eligible to participate in the Voluntary Early Retirement Authority/Voluntary Separation Incentive Pay, if one is offered and would I be able to carry over my health care benefits?

Q. If I retire at age 54 with 31 years of service under FERS, am I subject to the age penalty? Would I be subject to the same penalty if I were to retire at age 56 with 33 years of service. My minimum retirement age is 56.

Q. If I have repaid my military service deposit but then resign from federal service, can I request a refund of the military service deposit? Also, if my agency is offering Voluntary Separation Incentive Pay, does the military service deposit count toward the VSIP buyout?

Q. I am a GS-15 in the Department of the Air Force in San Antonio. My parent office in D.C. is relocating all field representatives (there are nine of us) back to the National Capital Region. I am 57½ years old and have more than 13 years of service. I know I am always eligible for MRA + 10 retirement, but do I have other options? If I can retire and not lose the 5 percent per year, I would seriously consider this. There is also a Voluntary Early Retirement Authority window still open to me, I believe.

Q. I’m 51 years old with 26 years of service and would like to retire because of health conditions. I’ve heard some activities are getting offered Voluntary Early Retirement Authority but haven’t heard anything from my own activity. How can I get offered a VERA? Can I apply for it somewhere? Is there a list of activities that are currently offering VERA?

Q. I am a postmaster under FERS. I have 30 years of service and will be 53 years and 11 months old when I receive separation notice in September. All my research suggests I will be able to retire under discontinued service retirement. It seems illogical the Postal Service would offer a VERA eight months before that. It seems to suggest that an obscure fact will be revealed then that will disqualify myself and others from DSR. How could I protect myself in that event?

Q. Is there any talk of extending the Voluntary Early Retirement Authority? I understand it expired Dec. 31. I will hit minimum retirement age in two years, and am hoping for a VERA at that time, as I cannot afford to retire before I get my special retirement supplement, and I know I cannot qualify for that until I hit MRA.

Q. I am 59 years old with 29 years of service. I received my Voluntary Early Retirement Authority package. I would like to take the offer. However, I have received conflicting answers when I call human resources. My minimum retirement age is 56. I understand that I will be eligible for the special retirement supplement under the “age 50 with 20 years” or “any age with 25 years.” Do I understand this correctly?

Q. I am a Defense Department FERS civilian. There’s a chance that where I am may offer a voluntary early retirement with an incentive of up to $25,000. If I decide to do an early retirement and receive up to $25,000, can I add that money onto my annuity?